Pinehurst - Southern Pines Real Estate Blog

Welcome to the Pinehurst - Southern Pines area's most complete online resource for today’s web savvy real estate consumer. We offer FREE Relocation Reports, FREE Pinehurst MLS Power Search Options, FREE Housing Market Information and PRICELESS counsel gleamed from the nearly two decades of protecting and promoting the interests of our real estate clients. Serving the Greater Pinehurst - Southern Pines NC areas, including: Aberdeen, Carthage, Seven Lakes, Vass, Whispering Pines, Woodlake and Moore County, North Carolina. Please contact us to discuss your particular interests and prepare to be moved by our truly remarkable service. Thank you for your interest and the privilege of serving you! With our highest regard, Wayne and Lynda Gomillion

North Carolina Establishes Foreclosure Rules...

Recently state regulators ruled that once a homeowner asks for a loan modification, any foreclosure actions must be halted. Now, lenders pursue foreclosures at the same time they're working with homeowners to make their loan payments more manageable. That puts homeowners up against the clock.
"We believe that the mortgage industry has failed to prevent as many foreclosures as they could have, and that there are some significant flaws in the system," said Mark Pearce, deputy commissioner of banks. "We think the new rules that we adopted ... will help homeowners have a better chance of avoiding foreclosure when they have the ability to stay in the home."

The second new regulation requires mortgage servicers to respond clearly and promptly when homeowners ask for mortgage assistance. A breakdown in communication can lead to foreclosure.

The regulations take effect June 1. They apply to mortgage brokers and other lenders that account for about three-quarters of the mortgages in the state. Obtain more information

Got Carolina on your mind?

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

eNewsletter Sign Up 

pinehurst southern pines mls home search

GMAC Premier Service for Pinehurst Southern Pines NC Real Estate

 Member of the Real Estate Intelligence Network 

Follow Me On Twitter         Follow Me On Face Book         Join Us On LinkedIn         Read Our Blog  

"The friendship and referrals of those we serve is the foundation of our success." 

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

2 commentsWayne and Lynda Gomillion • March 22 2010 08:00PM

Fewer Foreclosures in North Carolina...

Foreclosure filings reached a record high in 2009, touching one of every 45 homes, according to RealtyTrac who further reported National foreclosure filings swelled 14 percent in December from November 2009. During the same period North Carolina, experienced a -16.1 percent decline in foreclosure rates and was one of only 10 states posting a decline. In the fourth quarter, N.C. posted a 0.2 percent foreclosure rate, the smallest rate among its surrounding states. Click here for more information on the national foreclosure rate, as well as year-end foreclosure rates for all 50 states.

Pinehurst North Carolina is the golf capital of the world and offers its residents a quality of life that is virtually unparalleled.

Contact us or visit our website to learn more about the Pinehurst area and order your Free Relocation Report.

Search the Pinehurst Southern Pines MLS system for all available properties matching your criteria.

Thank you for your interest and the privilege of serving you!

With our highest regard,                                                           

Wayne and Lynda Gomillion
Trusted Names in Real Estate

Click Here for NC MLS Listings

"The friendship and referrals of those we serve is the foundation of our success." 

Member of the Real Estate Intelligence Network

PinehurstRealEstate.us | Pinehurst-NC.us | PinehurstHomeTeam.com | PinehurstAreaRealEstateBlog

0 commentsWayne and Lynda Gomillion • January 14 2010 09:39PM